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Sharjah Airport International Free (SAIF) Zone

Popularly known as SAIF zone, Sharjah Airport International Free Zone was set up in 1995. It is located adjacent to the Sharjah International Airport. It is huge, and houses about 6000 companies hailing from over 90 countries. It also has a very strategic location and is situated at crossroads between major trade routes that link the east to the west. In addition to this, it is located close to the Sharjah International Airport and forms a major hub for cargo.

Popularly known as SAIF zone, Sharjah Airport International Free Zone was set up in 1995. It is located adjacent to the Sharjah International Airport. It is huge, and houses about 6000 companies hailing from over 90 countries. It also has a very strategic location and is situated at crossroads between major trade routes that link the east to the west. In addition to this, it is located close to the Sharjah International Airport and forms a major hub for cargo.

Free Zones in Sharjah encourage businesses of all types to operate in the region. Whether you are looking for a single office space or you are in search for an entire manufacturing facility, SAIF Zone may have the solution you have been looking for.

Benefits of Setting up a Company in SAIF Zone

SAIF zone company formation makes sense due to the unparalleled convenience and availability of cutting-edge facilities. SAIF zone offers single window operation and unmatched work efficiency where all the service related formalities (like banks, customs, courier, post office, restaurants, etc.) are provided under single roof, saving investors’ valuable time and money.

The benefits of setting up a business in SAIF zone are:

  • SAIF zone has access to over 2 billion customers (across the Asia, Africa, Mediterranean, Europe and CIS & GCC continent), because of excellent air, land and sea connectivity.
  • SAIF zone has superb business logistics due to the presence of unique 'trade bridge', leading to considerable time and cost savings.
  • SAIF zone allows for 100% exemption from personal income and corporate taxes, 100% foreign ownership, and 100% repatriation of capital and profits
  • In SAIF zone, there is competitive fee structure of property and management
  • SAIF zone has access to post office, international banks, workshops, international couriers, restaurants, advanced transportation facilities, and legal services
  • SAIF zone features fully furnished and AC-fitted pre-built offices and warehouses for light assembly activities

SAIF Zone – Legal Entities

Registration and licensing procedures in SAIF zone are hassle-free and offer single window operation to all investors. Permits and licenses are issued in this free zone within 24 hours of requisite document submission to keep the administrative red tape and procedural hazards to a minimum. An individual or a corporate entity can register or set up business in SAIF zone in any of the following legal forms:

  • Branch of a Foreign Company
  • Branch of a UAE/Local Company
  • Free Zone Establishment (FZE): Entity with a single shareholder
  • Free Zone Company (FZC): Entity with multiple (2 to 5) shareholders

Procedure to Start a Business in SAIF Zone

Here are three simple steps to start a company in SAIF Zone.

  1. Gather and Submit all the required documents along with the application form the SAIF zone authorities
  2. Get the business license suited for your business by submitting the licensing documents
  3. Complete the immigration process of the business

Documents Required For SAIF Zone Company Formation

The documents required for Sharjah Airport Free Zone company formation are:

  • Proof of trade name reservation
  • Proof of initial approval for the activities
  • Passport copies of the shareholders
  • Passport copy and CV (resume) of the manager
  • Personal Information sheet for each shareholder and manager
  • Lease agreement documents (having a physical address for your business/office is mandatory in the UAE)
  • Notarized and attested power of attorney

Certain additional requirements applicable for corporate shareholders are:

  • Attested and notarized Memorandum of Association/Article of Association. It must be attested from the UAE Embassy at the place of origin
  • Board resolution to be resolute by the board of directors for your existing company/ entity at place of origin expressing intent of establishing a new setup abroad. Must be attested and notarized by the U.A.E Embassy
  • Certificate of registration (if applicable) for your existing company/entity, license or certificate of incorporation your existing company/entity attested and notarized by the UAE embassy

Types of License Available in Sharjah Airport International Free Zone

Based on the type of business activity a company is wishing to start in Sharjah Airport International Free Zone, investors can opt from among the following types of licenses:

1.Trade/Commercial License

It allows investors to trade (import, export, distribute and consolidate) products mentioned in the license as per the Sharjah Airport Free Zone rules and regulations

2.General Trading License

It allows investors to trade in a large number of products categories. This license can be obtained under the commercial license

3.Industrial License

It allows investors to assemble, process, manufacture, distribute, import, and store goods as per the rules and regulations of Sharjah Airport Free Zone and export the finished product to any foreign country

4.Service License

It allows investors to carry out certain services (lawyer firms, accounting firms, and business consultants) within the SAIF zone

Facilities Offered for Businesses in SAIF Zone

  • Offices
  • Industrial Park
  • Land on Lease
  • Prebuilt Warehouse
  • Temporary Warehouse
  • SAIF Zone Labor Accommodation

Sharjah Airport Free Zone has been operating for more than two decades now. Investors are still coming to conduct business in this free zone because of the afore-mentioned advantages that are duly meeting the needs of the business owners. Facilities for manufacturing, assembling, packaging, import, re-export, trade and value added activities are catered for at the Zone. Due to which many investors consider Sharjah as a hub of establishing a company.

Licensing Packages in SAIF Zone

Type of License

Fees in AED

Trading or Service License/ Specific Industrial License

7500

Freight Forwarding License

8500

Precious Metal/Chemical Trading /3rd Party Logistics

10,000

Oil & Gas Trading / Real estate/Aviation/Shipping/General Trading/ Investment of Own Financial Resources

15,000

Why us?

Business setup in Sharjah Airport Free Zone is a multivariate process which is bound by specific rules and regulations, and includes documents and proposal submission, paying the fee and receiving the approval, and receiving the business license, lease agreement and keys to the premises. Our team at Business Setup Worldwide helps you with the acute planning and decision making through the different business incorporation phases helping you go through the entire procedure with confidence. Contact us today- we’d be glad to assist you.